Word: gal
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...several years, lacocca has been lobbying for a 25¢-per-gal. increase in the federal gasoline tax. Most proponents of the idea see it as a way to discourage consumption, but lacocca knows it would help Chrysler sell its new cars, which have been designed to go farther on less gas than their U.S. competitors. Chrysler's fleet averages 27.5 m.p.g., vs. 24.3 for Ford and 24.1 for GM. If falling oil prices spur a demand for old-fashioned big cars, Chrysler will hurt the worst. Says lacocca: "What's happening with gasoline is wacko. It's crazy. We needed...
...prices could forestall a renewed outbreak of inflation led the bond market to boom, and prices of everything from silver futures to soybeans fell. Gold tumbled $60 during the week. Experts estimate that every $2-per-bbl. drop in oil prices cuts U.S. gasoline costs by 50 per gal. at the pump, so motorists should soon feel some gains. Home heating-oil prices also will decline...
...children's lilting voices rose in unison: '"Dis long time gal me nevah see yah." Gilbert and Sullivan it was not, and the Gal the children were seeing and serenading was no ordinary dame but Elizabeth the Second, by the Grace of God of the United Kingdom of Great Britain and Northern Ireland and of Her Other Realms and Territories Queen, Head of the Commonwealth, Defender of the Faith. At the crowded National Stadium in Kingston, Jamaica, a children's chorus a thousand strong was singing a Jamaican folk song that the Queen had requested. The occasion...
...gilded invitations. Yes, she is pleased to get out of dreary, drizzly London and into the sunshine, but the royal purpose remains the same: to strengthen ties among friends and show her subjects that the Crown is not merely an abstract symbol, but a kind, imperturbable and tireless Gal whose role is to serve rather than rule...
Analysts point to several reasons for this outbreak of optimism. Fuel prices are one. The airlines now spend an average of 95? per gal. for fuel, down about 7? from a year ago; that figure could drop a nickel more in 1983. Experts estimate that each 1?-per-gal. decline saves airlines about $90 million a year. Fuel, in fact, accounts for fully 30% of airlines' total operating expenses. Notes Donald McGuire, a vice president of Piedmont Airlines, a healthy carrier that earned $23.8 million in 1982: "Any time you can fix one-third of your problems at once...